Ask Gary Hubbell
744± acres with approx. 340 irrigated acres
Two log homes (3,039 sq ft & 1,158 sq ft)
Multiple outbuildings, shops, barns & corrals
Exceptional senior water rights
High-producing domestic well
Productive hay meadows
Trophy-quality elk & mule deer hunting (GMU 25)
Private 3-acre trout fishing lake
Year-round cattle operation
Between Vail & Steamboat Springs
Near National Forest & the Flattops Wilderness
Perched high on a mesa above the Colorado River corridor, the Gates Ranch offers an extraordinary opportunity to own a true Colorado legacy property. Spanning 744 acres of irrigated meadows, rugged canyons, and rolling mountain pastures, this ranch has been held by the same family since the late 1880s and is now available for purchase for the first time in more than five generations.
Its location—approximately one hour from Vail and 90 minutes from Steamboat Springs—places it in a coveted region of the Central Rockies known for ranching heritage, big-game habitat, and four-season recreation.
The property includes about 340 irrigated acres with historic hay production of around 250 tons annually. The blend of productive agricultural ground and scenic upper-country terrain makes it ideal for both ranch operations and recreation. The ranch supports roughly 100 head of cattle on a year-round basis.
Topping the mesa, the land transitions from green irrigated fields into timbered slopes and cliff-lined canyons that descend into Derby Creek—an authentic Colorado mountain trout stream.
The Gates Ranch features practical, well-maintained improvements that reflect the property’s deep roots.
The historic 3,039 sq ft bunkhouse offers six bedrooms, two baths, a generous country kitchen, and capacity to sleep 12—perfect for guests or hunting parties.
The 1,158 sq ft log main home includes three bedrooms and one bath, ideal as an owner's or manager’s residence.
A collection of barns, corrals, livestock infrastructure, and two newer metal shop buildings support agricultural and outfitting operations.
Water is among the property’s most valuable assets. The ranch holds a senior 15 CFS water right from Derby Creek through the historic Rogers and South Derby ditches. Multiple adjudicated springs feed a beautiful 3-acre trout lake that is deep enough to overwinter fish, stocked with brown and rainbow trout.
Both homes are supported by an impressive high-output domestic well delivering clean, clear Colorado mountain water.
This region is renowned for exceptional big-game hunting, and the Gates Ranch is no exception. With irrigated feed, dense cover, and rugged canyon habitat, the property consistently attracts elk, mule deer, black bear, and Merriam’s turkey.
Highlights include:
Strong success history for guided elk hunts
Typically 2–3 landowner mule deer tags annually
OTC elk tags for 2nd & 3rd rifle seasons
Easy draw for archery, muzzleloader, and limited rifle seasons
Excellent trout fishing in the on-site lake and nearby Derby Creek
This is a premier Colorado hunting ranch with dependable opportunity each season.
Just a mile up the road lies access to the surrounding National Forest, opening into the renowned Flattops Wilderness Area—one of Colorado’s most scenic high-country destinations. Outdoor recreation includes:
Horseback riding
Hiking & backpacking
Fly fishing
Wildlife viewing
Mountain biking
Overlanding & 4-wheeling
High-alpine big-game hunting
World-class skiing at Vail, Beaver Creek, and Steamboat is a short, scenic drive away, making the property uniquely positioned for both year-round residence and seasonal enjoyment.
With its historic roots, extensive water rights, private trout lake, productive agricultural ground, and exceptional big-game hunting, the Gates Ranch stands as one of the finest legacy ranch offerings in the Colorado Rockies. Its combination of location, resources, and heritage is nearly impossible to replicate.